Corporate Governance​

The following table sets out the composition of the holders of the Common Shares of Bank Audi as at June 30, 2022:

1)Percentage ownership figures represent Common Shares owned by the named Shareholders and are expressed as a percentage of the total number of Common Shares issued and outstanding.

2)The Audi Family, Al Sabah Family, and Al-Hobayb Family include the following members of the Board (i) Marc Jean Audi and Sherine Raymond Audi, (ii) Mariam Nasser Sabah Al Nasser Al Sabah, and (iii) Abdullah Al-Hobayb, respectively.

3)Excluding members of the Audi family accounted for in a separate row above.

4)GDRs represent common shares held by “The Bank of New York Mellon” as a holder of record in its capacity as depositary under the Bank’s GDR Program. In addition to the ownership of Common shares mentioned above, 8.35 % of the Bank’s Common Shares are held through GDRs by each of FRH Investment Holding s.a.l. (including by its controlling shareholder), Sheikh Dheyab Bin Zayed Bin Sultan Al-Nahyan, the Al-Hobayb Family, the Audi Family, the Family of Late Sheikha Suad H. Al Homaizi, and Mohammed Bin Dhoheyan Bin Abdul Aziz Al Dhoheyan. (respectively, 1.56%, 2.13%, 1.66%, 0.51%, 1.23%, and 1.27%). Information on GDR ownership is based on self-declarations (pursuant to applicable Lebanese regulations) as GDR ownership is otherwise anonymous to Bank Audi.

As at the date hereof, the total number of common shares was 588,538,215. The Bank (and its affiliates) is the custodian of shares and/or GDRs representing 81.13% of the Bank’s Common Shares.